Moody’s Investor Services

Nigeria's banks may face foreign currency shortages if low oil prices persist. Inflows of dollar deposits are dwindling because of low oil revenue combined with volatile portfolio inflows and lower remittances. http://ow.ly/7JWu50AplO4 #MoodysAfrica #Banking

“Aging will cause economic growth in 5 of the world’s largest economies to fall close to or below zero in the next two decades, unless there’s productivity growth,” says Moody’s Myriam Durand at #AixEnSeine @Cercle_eco #MoodysESG #demographics http://ow.ly/dqnq50AoZZJ

“Increasing participation of women in the labour force has helped countries such as Japan and Korea mitigate economic effects of aging populations, and is a key theme for social cohesion,” says Moody’s Myriam Durand at #AixEnSeine @Cercle_eco #MoodysESG http://ow.ly/f6pX50AoZkm

Moody’s Myriam Durand is speaking now at #AixEnSeine on social cohesion, population growth and other demographic challenges. Watch here: http://ow.ly/hvSi50AoZ10 #MoodysESG @Cercle_eco

In recent years, Chinese companies have used “keepwell deeds” to support the financing of subsidiaries, such as the issuance of offshore bonds. However, recent defaults have exposed that these deeds do not provide the same protection as guarantees: http://ow.ly/Dhrb50AoHVp

Moody's analyst Robard Williams reacts to the US jobs report for the month of June released this morning. A net of 4.8 million jobs were added to nonfarm employment in June, leading the unemployment rate to fall to 11.1% from 13.3% in May.

What demographic risks do we face and how can we ensure the prosperity of future generations? Join Moody’s Myriam Durand and others online at 17:50CEST on July 3 at Les Rencontres Économiques Aix-En-Seine. Register here: http://ow.ly/7bxH50AnMJR #AixEnSeine #MoodysESG @Cercle_eco

Profitability of European P&C insurers will come under more pressure as interest rates are likely to stay low for longer than previously expected amid the slowdown in global growth, and with government bond yields falling in 2020. Read more: http://ow.ly/W6bZ50AnKNj #Coronavirus

Moody’s June Emerging Markets Events are available to replay. To access our full archive and stay informed about upcoming events, register for the channel: http://ow.ly/wF6k50AnGSS
#MoodysEM

How will China rebound from #covid19? What are the credit risks in the face of rising uncertainty? Join us and CCXI virtually – our local ratings affiliate – as we discuss some of the biggest questions on everyone’s mind relating to #China: https://bit.ly/3dOY47o #MoodysChina